​Ethiopia’s rapid economic growth has created a significant energy shortage. Ethiopia’s double-digit GDP growth over the past decade and government programs to increase access to electricity has led to a massive increase in power consumption. The lack of capital investment, outdated infrastructure, and heavy reliance on hydropower in Ethiopia has rendered the nation unable to keep pace with this increase in consumption. Despite these issues, recent energy deregulation in Ethiopia, namely the splitting of the Ethiopian Electric Power Corporation into two separate entities could be the beginning of a new era in the nation’s energy industry.